As Thanksgiving rolls around once again, the crypto world can't help but stir up some classic memes and lore tied to the holiday. A recent post from Graeme (@gkisokay) on X perfectly captures this vibe, reminding us all of those unforgettable family dinners laced with blockchain banter. If you're new to crypto, "lore" here just means the shared stories and inside jokes that build the community's culture—think of it as the folklore of digital assets.

In his thread on X, Graeme dives straight into the 2021 Thanksgiving saga. Back then, Ethereum (ETH) was soaring at around $4,800, and many crypto enthusiasts—folks on what we call "Crypto Twitter" or CT—were hyping it up big time. They convinced relatives over turkey and stuffing to jump in and buy. Fast forward to 2022, and ETH had crashed to about $1,200. Ouch. Those same family gatherings turned into grilling sessions, with aunts and uncles asking, "What happened to my investment?" It's the kind of story that spawns endless memes, poking fun at the volatility that defines crypto.

But as Graeme points out, 2025 is shaping up differently. The classic four-year Bitcoin cycle—where prices typically boom after each halving event (that's when the reward for mining Bitcoin gets cut in half, roughly every four years)—seems to be dragging on. Some blame it on a stretched-out economic cycle, whispers of quantitative easing (QE, which is basically when central banks pump money into the economy), and even potential stimulus checks for U.S. citizens. It's not the wild euphoria of 2021, but it's far from the doom and gloom of 2022. Instead, a lot of people in the space feel worn out after two months of choppy markets—prices bouncing around without clear direction.

Graeme predicts things will stay quiet over the weekend, with trading volumes dipping as folks unplug for the holiday. "No better time to take a couple of days to rest," he says, wishing everyone a happy Thanksgiving. And the replies echo that sentiment—one user blesses his words with a heartfelt emoji, while another chimes in about how gratitude keeps things going.

This kind of reflection ties right into the meme token ecosystem we cover here at Meme Insider. Memes like the ETH family advice disaster aren't just laughs; they inspire actual tokens and projects that capture these moments. Think about how market dips and pumps birth new meme coins overnight, turning community pain points into viral assets. If you're a blockchain practitioner, it's a reminder to zoom out: cycles extend, narratives shift, but the humor endures.

Whether you're sharing crypto tips at the dinner table this year or just enjoying the downtime, stories like these keep the space alive. As we head into the post-holiday grind, keep an eye on those elongated cycles—QE rumors and stimulus could spark the next wave. For more on meme tokens born from crypto lore, stick around our knowledge base.